According to the latest research report from Market Research Future (MRFR) Automotive Over-The-Air Updates Market is expected to exhibit a strong 15% CAGR over the forecast period from 2018 to 2025. Automotive Over-The-Air (OTA) Updates Market Research Report – Global Forecast till 2025
Global Automotive Over-The-Air Updates Market Research Report: by Technology (Firmware Over-The-Air [FOTA] and Software Over-The-Air [SOTA]), Application (Electronic Control Unit (ECU), Infotainment, Safety & Security, Telematics Control Unit (TCU) and others), Propulsion (ICE and Electric Vehicle), Vehicle Type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle) and Region (North America, Europe, Asia–Pacific and Rest of the World) – Forecast till 2025
The global automotive over the air updates market is expected to exhibit a strong 15% CAGR over the forecast period from 2018 to 2025, according to the latest research report from Market Research Future (MRFR). The global automotive over the air updates market is analyzed fully in the report, which takes a look at the comprehensive performance figures of the market over the last few years to present a detailed review of the market’s key drivers, leading players, and dominant segments.
The automotive over the air updates market has rapidly risen in stature to become a key component of the global automotive industry over the last few years. The growing use of electronics in vehicles and the growing demand for automated electronic monitoring of the vehicle have led to a growing demand from the global automotive over the air updates market. The growing demand for autonomous and connected vehicles is likely to be a key driver for the global automotive over the air updates market over the forecast period, as autonomous and connected cars rely heavily on their software programming to ensure steady performance and safety of the car’s occupants.
Competitive Analysis:
Leading players in the global automotive over the air updates market include Infineon Technologies AG, Garmin Ltd., Denso Corporation, Continental AG, Airbiquity Inc., Microsoft Corporation, NVIDIA Corporation, Delphi Automotive, Robert Bosch GmbH, and HARMAN International.
Segmentation:
The global automotive over the air updates market is segmented on the basis of technology, application, propulsion, vehicle type, and region.
On the basis of technology, the global automotive over the air updates market is segmented into firmware over-the-air technology (FOTA) and software over-the-air technology (SOTA).
